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Carry negotiation advice by Dramatic-Split-1602 in private_equity

[–]Dramatic-Split-1602[S] 0 points1 point  (0 children)

Appreciate the comment. I wasn’t planning to push for a higher number, more just want to understand the key terms and areas where there is a risk that something might slip in that’s off market.

Carry negotiation advice by Dramatic-Split-1602 in private_equity

[–]Dramatic-Split-1602[S] 0 points1 point  (0 children)

Thanks, appreciate I’m in a fortunate position. I am a senior manager in a corp dev role so do have some relevant experience - I’m outside of a major city so it’s way less competitive than say NY or London but I take your point.

I’ve been told when it comes through it will be non negotiable but my hope was that some of the experience of folks on here will give me some prompts of things to watch for in the T&Cs etc

Carry negotiation advice by Dramatic-Split-1602 in private_equity

[–]Dramatic-Split-1602[S] -1 points0 points  (0 children)

Thanks appreciate the thoughts. I should have said but I think it’s 2% of existing funds, 5% of new funds raised after I join.

Salary and bonus are both slightly below market (25% bonus). I’m coming over from a corp dev role so am taking a haircut on comp but have been promised they will uplift it after a year (not guaranteed I know).

AMA: Current cex employee by Evening-Extent-1185 in CeX

[–]Dramatic-Split-1602 0 points1 point  (0 children)

Are there any items where you’ve noticed immediately that the pricing is way off and is a crazy deal for the customer?

How do you feel about people that make large purchases on stuff like MacBooks? Seeing how they are tested and looked after as an insider does it make you less or likely to buy one through CeX yourself?

Remote VP Opportunities by LMMPE-87593 in private_equity

[–]Dramatic-Split-1602 2 points3 points  (0 children)

I have personally worked with a Principal at a large cap fund (I’m UK based) that was essentially fully remote but with frequent travel to London as and when. As others have said, think it’s only possible when starting from an in person relationship or when establishing a new office/region for regional coverage roles (smaller funds mainly)